Heritage Financial Corporation (HFWA)

Heritage Financial Statistics

Total Valuation

HFWA has a market cap or net worth of $797.39 million. The enterprise value is $835.26 million.

Market Cap	797.39M
Enterprise Value	835.26M

Important Dates

The next estimated earnings date is Thursday, July 24, 2025, before market open.

Earnings Date	Jul 24, 2025
Ex-Dividend Date	May 7, 2025

Share Statistics

HFWA has 34.11 million shares outstanding. The number of shares has decreased by -1.38% in one year.

Current Share Class	34.11M
Shares Outstanding	34.11M
Shares Change (YoY)	-1.38%
Shares Change (QoQ)	-0.14%
Owned by Insiders (%)	1.78%
Owned by Institutions (%)	84.13%
Float	33.47M

Valuation Ratios

The trailing PE ratio is 15.78 and the forward PE ratio is 11.26.

PE Ratio	15.78
Forward PE	11.26
PS Ratio	3.63
Forward PS	2.98
PB Ratio	0.90
P/TBV Ratio	1.25
P/FCF Ratio	11.88
P/OCF Ratio	11.26
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	16.24
EV / Sales	3.78
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	12.45

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	4.57
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 5.95%.

Return on Equity (ROE)	5.95%
Return on Assets (ROA)	0.72%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$290,222
Profits Per Employee	$67,570
Employee Count	761
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, HFWA has paid $10.13 million in taxes.

Income Tax	10.13M
Effective Tax Rate	16.46%

Stock Price Statistics

The stock price has increased by +33.70% in the last 52 weeks. The beta is 0.52, so HFWA's price volatility has been lower than the market average.

Beta (5Y)	0.52
52-Week Price Change	+33.70%
50-Day Moving Average	23.11
200-Day Moving Average	23.64
Relative Strength Index (RSI)	50.14
Average Volume (20 Days)	192,130

Short Selling Information

The latest short interest is 974,154, so 2.86% of the outstanding shares have been sold short.

Short Interest	974,154
Short Previous Month	915,198
Short % of Shares Out	2.86%
Short % of Float	2.91%
Short Ratio (days to cover)	4.51

Income Statement

In the last 12 months, HFWA had revenue of $220.86 million and earned $51.42 million in profits. Earnings per share was $1.48.

Revenue	220.86M
Gross Profit	220.86M
Operating Income	66.35M
Pretax Income	51.24M
Net Income	51.42M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.48

Balance Sheet

The company has $268.87 million in cash and $306.74 million in debt, giving a net cash position of -$37.87 million or -$1.11 per share.

Cash & Cash Equivalents	268.87M
Total Debt	306.74M
Net Cash	-37.87M
Net Cash Per Share	-$1.11
Equity (Book Value)	881.52M
Book Value Per Share	25.85
Working Capital	-5.80B

Cash Flow

In the last 12 months, operating cash flow was $70.84 million and capital expenditures -$3.74 million, giving a free cash flow of $67.10 million.

Operating Cash Flow	70.84M
Capital Expenditures	-3.74M
Free Cash Flow	67.10M
FCF Per Share	$1.97

Margins

Gross Margin	n/a
Operating Margin	30.04%
Pretax Margin	27.87%
Profit Margin	23.28%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	30.38%

Dividends & Yields

This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 4.10%.

Dividend Per Share	$0.96
Dividend Yield	4.10%
Dividend Growth (YoY)	4.44%
Years of Dividend Growth	4
Payout Ratio	64.79%
Buyback Yield	1.38%
Shareholder Yield	5.48%
Earnings Yield	6.45%
FCF Yield	8.41%

Analyst Forecast

The average price target for HFWA is $27.67, which is 18.20% higher than the current price. The consensus rating is "Hold".

Price Target	$27.67
Price Target Difference	18.20%
Analyst Consensus	Hold
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on September 28, 2005. It was a forward split with a ratio of 1.05:1.

Last Split Date	Sep 28, 2005
Split Type	Forward
Split Ratio	1.05:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4